Taiwan’s sweeping crypto law raises the bar with licensing, reserve mandates, and tough penalties
Taiwan has passed a sweeping new law to regulate its crypto sector, sending the bill to the President for final approval.
Regulation
U.S. senators seek to block foreign adversaries from AI technology in new bill
Senators Tim Scott and Bill Hagerty, who managed to push the crypto GENIUS Act into law, introduced the bill to give the government powers to defend U.S. AI.
Dubai set for crypto firm influx as MiCA deadline pushes companies to reassess Europe
Dubai lawyer Irina Heaver says European founders are flocking to the UAE for faster licensing, a dedicated crypto regulator and access to markets beyond Europe.
MiCA’s looming deadline could leave 10 million crypto users without a platform in the EU
As MiCA takes full effect on July 1, SwissBorg’s Alex Fazel told CoinDesk users should choose platforms built to withstand EU regulators’ tightening oversight.
U.S. House Democrat, who may soon run key committee, condemns crypto in 401(k)s
Maxine Waters, the ranking Democrat on House Financial Services, asked the chief of the Department of Labor to withdraw its proposal on alternative assets.
U.S. Senate passes housing bill that carries four-year ban on a Fed CBDC
The idea of a U.S. central bank digital currency — though little more than a research topic at the Federal Reserve — may be getting formally blocked.
U.S. agencies seek stablecoin customer-ID rules akin to banks in new GENIUS Act pitch
The Federal Reserve, Treasury and other regulators have issued a proposed rule that would set identification standards, and it’s now open for public comments.
BitGo offers Europe’s crypto firms a MiCA-compliance lifeline as license deadline looms
BaFin-regulated BitGo says its Crypto-as-a-Service platform can help eligible crypto players across Europe with an alternative way to navigate MiCA.
Crypto PAC’s $12 million Senate candidate, Barry Moore, wins Alabama GOP primary
The Trump loyalist drew more crypto dollars than any candidate so far in this year’s midterms, and the result marks a big win for the industry’s political arm.
U.S. House bill would erect crypto-theft task force across law enforcement agencies
New legislation from a bipartisan duo would set up a multi-agency group under the U.S. attorney general to take a lead on cryptocurrency theft cases.